Retail inflation drops to 9.31%

However, inflation in protein-based items -- egg, meat and fish -- declined to 12.52 per cent during the month, from 13.60 per cent in April. In oils and fats segment, it was 5.49 per cent, down from 7.52 per cent in April.

Among all the constituents that make the CPI, cereals recorded the highest inflation of 16.29 per cent in May.

Besides, inflation in pulses stood at 9.59 per cent and in sugar it was 9.21 per cent on an annual basis.

The rate of price rise in clothing and footwear segment stood at 9.72 per cent during the month.

Click NEXT to read further. . .

Image: A shopkeeper does calculations standing in his nut and spice shop in Mumbai.Photographs: Arko Datta/Files/Reuters